FixNFlip
33 Alabama Ave.
Lake Hopatcong, NJ 07849

Economic Breakdown

Purchase Price $90,000.00
Rehab Budget $96,680.00
Lender Fee $3,002.88
Closing Costs $1,000
Insurance Costs $1,000
Monthly Interest Payment $1,431.31
Cash at Closing $37,536.00
Loan Amount $156,149.76
Contract Sales Price $260,000.00
6% Realtor Fee – $15,600.00
Down Payment – $37,536.00
Loan Amount – $156,149.76
4-Months Interest – $5,725.24
PROFIT: $44,989.00
ROI: 104%